C - Power
ActiveSummary
C - Power has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288.98M and a net result of €18.36M. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 72% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 83 lines
The notes to these accounts (55 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €143.11M | €129.40M | €161.87M | €146.58M | €131.92M | ▼ 10.0% |
| Turnover70 | €127.06M | €125.99M | €154.85M | €141.96M | €130.54M | ▼ 8.0% |
| Other operating income74 | €15.94M | €3.41M | €7.02M | €4.62M | €1.39M | ▼ 70.0% |
| Non-recurring operating income76A | €108k | - | - | - | - | - |
| Operating charges60/66A | €110.74M | €106.11M | €107.97M | €109.26M | €102.11M | ▼ 6.5% |
| Goods for resale, raw materials and consumables60 | €7.76M | €6.49M | €4.50M | €7.71M | €3.71M | ▼ 51.9% |
| Purchases600/8 | €11.91M | €9.72M | €7.73M | €6.58M | €5.96M | ▼ 9.4% |
| Change in stocks: decrease (increase)609 | €-4.15M | €-3.23M | €-3.23M | €1.13M | €-2.25M | ▼ 300% |
| Services and other goods61 | €33.40M | €29.18M | €32.41M | €29.89M | €27.64M | ▼ 7.5% |
| Remuneration, social security and pensions62 | €2.38M | €2.73M | €2.79M | €2.95M | €3.13M | ▲ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63.17M | €63.51M | €63.47M | €63.47M | €63.50M | ▲ 0.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €3.96M | €4.15M | €4.36M | €4.58M | €3.72M | ▼ 18.9% |
| Other operating charges640/8 | €78k | €55k | €394k | €663k | €407k | ▼ 38.6% |
| Non-recurring operating charges66A | - | - | €49k | - | - | - |
| Operating profit (loss)9901 | €32.38M | €23.29M | €53.90M | €37.32M | €29.81M | ▼ 20.1% |
| Financial income75/76B | €2.12M | €1.73M | €2.44M | €3.59M | €2.67M | ▼ 25.5% |
| Recurring financial income75 | €2.12M | €1.73M | €2.44M | €3.59M | €2.67M | ▼ 25.5% |
| Income from financial fixed assets750 | €800k | €400k | - | €300k | €250k | ▼ 16.7% |
| Income from current assets751 | €4k | €16k | €1.12M | €1.98M | €1.11M | ▼ 43.8% |
| Other financial income752/9 | €1.31M | €1.31M | €1.31M | €1.31M | €1.31M | = |
| Financial charges65/66B | €24.05M | €19.68M | €17.85M | €15.40M | €11.30M | ▼ 26.6% |
| Recurring financial charges65 | €24.05M | €19.68M | €17.85M | €15.40M | €11.30M | ▼ 26.6% |
| Debt charges650 | €23.97M | €19.60M | €17.78M | €15.32M | €11.22M | ▼ 26.7% |
| Other financial charges652/9 | €80k | €88k | €75k | €79k | €76k | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €10.45M | €5.34M | €38.48M | €25.51M | €21.19M | ▼ 17.0% |
| Transfer from deferred taxes780 | €438k | €437k | €438k | €438k | €438k | = |
| Income taxes67/77 | €22k | €5k | €6.23M | €3.38M | €3.27M | ▼ 3.3% |
| Taxes670/3 | €22k | €5k | €6.23M | €3.38M | €3.27M | ▼ 3.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | €1k | - | - | - |
| Profit (loss) for the period9904 | €10.86M | €5.77M | €32.69M | €22.58M | €18.36M | ▼ 18.7% |
| Profit (loss) for the period to be appropriated9905 | €10.86M | €5.77M | €32.69M | €22.58M | €18.36M | ▼ 18.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €774.48M | €707.06M | €664.07M | €579.90M | €536.39M | ▼ 7.5% |
| Formation expenses20 | €38.51M | €34.78M | €31.04M | €27.31M | €23.88M | ▼ 12.5% |
| Fixed assets21/28 | €619.44M | €559.94M | €501.05M | €448.73M | €392.09M | ▼ 12.6% |
| Tangible fixed assets22/27 | €618.96M | €559.45M | €500.56M | €444.00M | €385.19M | ▼ 13.2% |
| Land and buildings22 | €1.04M | €1.05M | €851k | €727k | €3.77M | ▲ 418% |
| Plant, machinery and equipment23 | €617.83M | €558.33M | €498.83M | €439.84M | €380.98M | ▼ 13.4% |
| Furniture and vehicles24 | €88k | €65k | €57k | €435k | €437k | ▲ 0.5% |
| Assets under construction and advance payments27 | - | - | €814k | €2.99M | - | - |
| Financial fixed assets28 | €488k | €488k | €492k | €4.73M | €6.90M | ▲ 46.0% |
| Affiliated companies280/1 | €452k | €452k | €452k | €452k | €452k | = |
| Participating interests280 | €452k | €452k | €452k | €452k | €452k | = |
| Other financial fixed assets284/8 | €36k | €36k | €40k | €4.27M | €6.45M | ▲ 50.8% |
| Amounts receivable and cash guarantees285/8 | €36k | €36k | €40k | €4.27M | €6.45M | ▲ 50.8% |
| Current assets29/58 | €116.53M | €112.35M | €131.98M | €103.87M | €120.42M | ▲ 15.9% |
| Stocks and contracts in progress3 | €6.15M | €9.38M | €12.61M | €11.49M | €13.74M | ▲ 19.6% |
| Stocks30/36 | €6.15M | €9.38M | €12.61M | €11.49M | €13.74M | ▲ 19.6% |
| Raw materials and consumables30/31 | €6.15M | €9.38M | €12.61M | €11.49M | €13.74M | ▲ 19.6% |
| Amounts receivable within one year40/41 | €28.15M | €31.41M | €46.21M | €26.16M | €32.28M | ▲ 23.4% |
| Trade receivables40 | €28.09M | €30.81M | €45.83M | €26.11M | €32.10M | ▲ 22.9% |
| Other amounts receivable41 | €55k | €598k | €383k | €51k | €183k | ▲ 259% |
| Current investments50/53 | - | - | €14.22M | - | - | - |
| Other investments51/53 | - | - | €14.22M | - | - | - |
| Cash at bank and in hand54/58 | €80.03M | €69.43M | €56.84M | €64.24M | €72.47M | ▲ 12.8% |
| Deferred charges and accrued income490/1 | €2.20M | €2.12M | €2.09M | €1.98M | €1.94M | ▼ 2.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €774.48M | €707.06M | €664.07M | €579.90M | €536.39M | ▼ 7.5% |
| Equity10/15 | €290.84M | €279.30M | €290.67M | €271.94M | €288.98M | ▲ 6.3% |
| Contributions10/11 | €147.64M | €147.64M | €147.64M | €147.64M | €147.64M | = |
| Capital10 | €147.64M | €147.64M | €147.64M | €147.64M | €147.64M | = |
| Issued capital100 | €147.64M | €147.64M | €147.64M | €147.64M | €147.64M | = |
| Reserves13 | €6.84M | €7.12M | €8.76M | €9.89M | €10.81M | ▲ 9.3% |
| Non-distributable reserves130/1 | €6.84M | €7.12M | €8.76M | €9.89M | €10.81M | ▲ 9.3% |
| Legal reserve130 | €6.84M | €7.12M | €8.76M | €9.89M | €10.81M | ▲ 9.3% |
| Profit (loss) carried forward14 | €125.07M | €114.55M | €125.61M | €107.05M | €124.49M | ▲ 16.3% |
| Investment grants15 | €11.30M | €9.98M | €8.67M | €7.36M | €6.05M | ▼ 17.8% |
| Provisions and deferred taxes16 | €23.97M | €27.69M | €31.61M | €35.75M | €39.03M | ▲ 9.2% |
| Provisions for liabilities and charges160/5 | €20.21M | €24.36M | €28.72M | €33.30M | €37.02M | ▲ 11.2% |
| Other liabilities and charges164/5 | €20.21M | €24.36M | €28.72M | €33.30M | €37.02M | ▲ 11.2% |
| Deferred taxes168 | €3.77M | €3.33M | €2.89M | €2.45M | €2.02M | ▼ 17.8% |
| Amounts payable17/49 | €459.67M | €400.07M | €341.78M | €272.21M | €208.38M | ▼ 23.5% |
| Amounts payable after more than one year17 | €388.12M | €327.90M | €264.16M | €199.57M | €133.69M | ▼ 33.0% |
| Financial debts170/4 | €388.12M | €327.90M | €264.16M | €199.57M | €133.69M | ▼ 33.0% |
| Credit institutions173 | €388.12M | €327.90M | €264.16M | €199.57M | €133.69M | ▼ 33.0% |
| Amounts payable within one year42/48 | €71.55M | €72.18M | €77.62M | €72.64M | €74.69M | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | €58.66M | €60.22M | €63.73M | €64.59M | €65.89M | ▲ 2.0% |
| Trade debts44 | €9.18M | €8.83M | €4.29M | €3.30M | €2.86M | ▼ 13.4% |
| Suppliers440/4 | €9.18M | €8.83M | €4.29M | €3.30M | €2.86M | ▼ 13.4% |
| Taxes, remuneration and social security45 | €3.71M | €3.12M | €9.60M | €3.85M | €5.95M | ▲ 54.5% |
| Taxes450/3 | €3.11M | €2.50M | €8.99M | €3.26M | €5.30M | ▲ 62.4% |
| Remuneration and social security454/9 | €601k | €625k | €610k | €586k | €649k | ▲ 10.7% |
| Other amounts payable47/48 | - | - | - | €900k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10.86M | €5.77M | €32.69M | €22.58M | €18.36M | ▼ 18.7% |
| + Depreciation and write-downs630 | €63.17M | €63.51M | €63.47M | €63.47M | €63.50M | ▲ 0.1% |
| Operating cash flow (approximation) | €74.03M | €69.28M | €96.16M | €86.04M | €81.86M | ▼ 4.9% |
| Investment in fixed assets (approximation) | - | €-4.00M | €-4.58M | €-11.14M | €-6.87M | ▲ 38.4% |
| Change in cash | - | €-10.60M | €-12.59M | €7.40M | €8.23M | ▲ 11.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
29-07
State Gazette act
Resignation: Korbinian Lang (director)Appointment: Jessica Rafter (director)3 facts ▸
- General meeting, 15/05/2026
- Director resignation, Korbinian Lang (director)
- Director appointment, Jessica Rafter (director)
About the unread acts
Of the 40 Belgian State Gazette acts we know for this company, 1 has been read. The other 39 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0823/00X000 | Flanders | 5,095 m² | 1 · 1,637 m² | - |
Linked by address, not proof of ownership
Structure & network
Connections & network
1 connected companyOwnership & control
1 parent companyPublic money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 12,661 EUR awarded · 12,661 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | -1,020 EUR | 0 EUR |
| 2023 | 1 | 3,706 EUR | 3,706 EUR |
| 2022 | 2 | 9,975 EUR | 8,955 EUR |
European Union, budget
2023 · 1 entry · 429,748 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 1 | 429,748 EUR |
European research
1 project · 321,750 EUR EU contributionRecognitions · licences · registrations
Legal Entity Identifier
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Identification & contact
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